Quote:
Originally Posted by Barry-xlovecam
Well, the Republican House just raised the debt ceiling (the national credit card) by $9 Trillion more so the national debt argument is a red herring.
If you look at the USA as a whole -- all debt public and private in relation to all assets owned public and private -- the LTV (Loan to Value) ratio is very good. As a nation we are not that leveraged. USA assets are very marketable globally.
The problem is the asset concentration of the top 5% and their resistance to pay a proportionate share of the taxes to service the national debt. All cabinet appointees should be compelled to produce their last 5 years 1040/1120 tax returns before being confirmed.
Government by the people for the people.
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I think the government needs to spend it's money more wisely before asking for more.
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Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants
think about that
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